一、对对冲基金监管的必要性对冲基金是在金融自由化的浪潮下蓬勃发展起来的。自 70年代以来 ,主张金融市场自由化的人认为 :金融市场自由化有利于作为生产要素的资金无阻碍地流向最需要的地方 ,实现资源最优配置 ;金融市场存在自动调节失衡的机制 ,政府的干预于事无补 ,反而会 First, the need for hedge fund regulation Hedge funds flourish in the wave of financial liberalization. Since the 1970s, those advocating the liberalization of financial markets have argued that liberalization of financial markets favors unimpeded flow of funds as essential elements of production to places where they are needed most, and optimal allocation of resources; there is a mechanism in financial markets that automatically regulates imbalances and the government The intervention does not help, but will